Reasonable Salary for an S Corporation Dear TaxGuru,
My CPA says this is a subjective matter and that even the IRS is not sure what this amount should be. If that is the case, why should I bother to even take a salary in my 'S' Corporation...I would avoid paying any payroll taxes and save all the aggravation related to payroll filing requirements, workmans compensation issues etc..
Can please give me your opinion on the Salary for an S corporation.
Your opinion would be valuable. |